# PPP loan: BELLMAN OIL CO INC
> **$416K** approved 02/04/2021 · Paid in Full · Loan `3256388410`
## Borrower
- **Name:** BELLMAN OIL CO INC
- **Address:** 550 E 2nd St, Bremen, IN, 46506-1050
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $416K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*